Sterlite Tech Receives Demand Order from State Tax Office, MP
Sterlite Technologies Limited (STL) has announced that it has received a Demand Order from the Office of the Deputy Commissioner of State Tax, Madhya Pradesh. As per the Scheme of Arrangement approve...
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Why is Sterlite Technologies Limited in the news today?
Sterlite Technologies Limited (STLTECH) is in the news due to the announcement is a regulatory disclosure regarding a demand order from the tax authorities. while it pertains to a past demerger, it does not immediately indicate a significant positive or negative financial impact on the company at this stage.
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Sterlite Tech Receives Demand Order from State Tax Office, MP
December 25, 2025, 03:56 PM
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Sterlite Technologies Limited (STL) has announced that it has received a Demand Order from the Office of the Deputy Commissioner of State Tax, Madhya Pradesh.
As per the Scheme of Arrangement approved by the Hon’ble National Company Law Tribunal, Mumbai, on February 14, 2025, STL's Global Services Business was demerged into STL Networks Limited, effective March 31, 2025. Consequently, any contingent liabilities related to this matter now pertain to STL Networks Limited.
STL Networks Limited has made a requisite disclosure regarding this Demand Order to the BSE Limited and National Stock Exchange of India Limited on December 25, 2025, in compliance with SEBI Listing Regulations and the SEBI Master Circular dated November 11, 2024.
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